Why trade foreign shares?
Diversification enables you to invest in different stocks across the world and helps to minimize risk. Putting all your eggs in one basket may be good for the short-term, but is it wise for long-term strategies.
If all your portfolio assets move in the same direction in relation to each other – “correlated”, then you are not adequately diversified. What diversification should provide, in essence, is a contingency plan in down markets.
Be intrigued by the vast opportunities offered by global trading. Start diversifying your portfolio with easy access to more than 20 global stock exchanges from Phillip Global Markets.